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Signature(s)

Amount
€ 115,000,000
Countries
Sector(s)
Denmark : € 25,300,000
Sweden : € 89,700,000
Industry : € 115,000,000
Signature date(s)
4/12/2013 : € 25,300,000
4/12/2013 : € 89,700,000
Link to source

Summary sheet

Release date
22 April 2013
Status
Reference
Signed | 04/12/2013
20120605
Project name
Promoter - financial intermediary
ALFA LAVAL FLUID DYNAMICS RDI II
ALFA LAVAL AB
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 140 million
EUR 300 million
Location
Sector(s)
Description
Objectives

RDI investments in separation, heat transfer and fluid technologies for 2013-2016

The project concerns the promoter’s investments for the research, technological innovation and product development related to improving the efficiency and functional performance of their product range in the areas of (i) Heat transfer (casketed, brazed and welded heat exchangers for heating, cooling, heat recovery, evaporation, condensation, ventilation, and refrigeration applications), (ii) Separation (high speed separators and decanter centrifuges for the separation of liquids and solid particles from liquids and also separation of particles from gases), and (iii) Fluid handling (pumps, tank equipment, valves and automation for hygienic fluid handling used in the production of beverages, dairy products, foodstuffs, pharmaceuticals and personal care products.). The promoter will mainly carry out the work in its technical centres in Sweden (Lund and Tumba), Denmark (Copenhagen and Kolding) and to a lesser extent in France, Italy, and Finland.

Environmental aspects
Procurement

The project concerns investments in research and development that are expected to be carried out in existing facilities already authorised and would therefore not require an EIA under the Directive 2011/92/EU. However, the Bank’s services will review during the project appraisal whether the investment also concerns capital expenditures related to the construction facilities that could require any environmental authorisations, as well as any other environmental details.

The results of this R&D project are expected to contribute to energy efficiency improvements in the industrial operations that the products are used.

The promoter is a private company not operating in the Utilities sector and not having a status of a contracting authority. Thus it is not covered by EU Directives on procurement.

Link to source
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Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - ALFA LAVAL FLUID DYNAMICS RDI II
Publication Date
2 Feb 2014
Document language
Main Topic
Lending
Document Number
47846578
Document Focus
Environmental Information
Project Number
20120605
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - ALFA LAVAL FLUID DYNAMICS RDI II
Publication Date
24 Jan 2020
Document language
Main Topic
Lending
Document Number
89943522
Document Focus
Environmental Information
Project Number
20120605
Sector(s)
Regions
Countries
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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